Parsippany / NJ. (bgs) B+G Foods Inc. announced financial results financial results for the fourth quarter and full year 2022. Commenting on the results, Casey Keller, President and CEO, stated, «B+G Foods’ fourth quarter results and performance demonstrated strong recovery, reflecting the catch up of cumulative pricing actions against inflationary cost, a moderating inflationary environment, and the recovery of our higher margin spices + seasonings business. Net sales grew 9 percent in the fourth quarter behind pricing implementation and supply recovery, with margins improving versus the fourth quarter of last year. We expect to continue year over year margin recovery into fiscal 2023,» CEO Casey Keller said in his statement. For additional information please read the Company’s PDF file below (88 KB):
20230228-BG-FOODS-FY2022.OTHER TOPICS FROM THIS SECTION FOR YOU:
- Nestle S.A.: reports half-year results for 2024
- PepsiCo: Reports Second-Quarter 2024 Results
- Oatly AB: Reports Second Quarter 2024 Financial Results
- Grupo Bimbo: Reports Second Quarter 2024 Results
- Gruma: reports second quarter 2024 results
- Reborn Coffee: Provides Q1-2024 Corporate Update
- Coca-Cola: Reports Second Quarter 2024 Financial Results
- Krispy Kreme: Sells Majority Stake of Insomnia Cookies
- Dominos: Announces Q2-2024 Financial Results
- Reborn Coffee takes over Korean Bbang Ssaem Bakery
- SSP Group: announces Third Quarter Trading Update 2024
- LG Chem and ADM: Joint Ventures in Illinois are canceled
- Wendy’s: Company plans to expand into Europe
- Delivery Hero: may face significant fine due to antitrust violations
- Emmi Group: intends to acquire Mademoiselle Desserts
- AB Foods: announces strong H1-2024 performance
- DSM-Firmenich: Queen Maxima inaugurates new dual head office
- RBI: Announces Investments to Drive Growth in China
- Europastry S.A.: puts its IPO process on hold
- McCormick: Reports Second Quarter Performance